$TRX $TRX the $TRX /USDT chart with support and resistance levels, and an entry signal:
TRX/USDT Technical Analysis
Current Price: $0.1603
24h High: $0.1639
24h Low: $0.1602
24h Vol(TRX): 282.98M
24h Vol(USDT): 45.91M
Support and Resistance Levels:
Resistance: $0.1712 (BOLL Upper Band)
Support: $0.1598
Entry Signal:
A potential buy entry could be considered around the $0.1598 support level, with a stop-loss below the recent low of $0.1602. The target for this trade could be the $0.1712 resistance level (BOLL Upper Band).
Analysis:
The TRX/USDT pair is currently trading above the $0.1598 support level, indicating bullish momentum. The price has been consolidating within a range defined by the Bollinger Bands. A break above the upper Bollinger Band ($0.1712) could signal a continuation of the uptrend. However, a break below the $0.1598 support level could indicate a potential reversal.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research or consult with a financial advisor before making any investment decisions.#MicrosoftBitcoinRejection #DogeArmyComeBack #EthereumRally #SOLFutureRise #Write2Earn!